Electronic Filing and Provision of Information (GST/HST) Regulations

Marginal note:Prescribed person

2 For the purposes of subsection 278.1(2.1) of the Act, a person (other than a selected listed financial institution) that is a registrant is a prescribed person in respect of a reporting period of the person that is in a fiscal year of the person if

• (a) the person is not a charity;

• (b) the person is a large business (as defined in subsection 236.01(1) of the Act) at any time in the reporting period or in a preceding reporting period of the person in the fiscal year;

• (c) the person is a builder that

  • (i) makes a specified housing supply in respect of which tax under subsection 165(1) of the Act becomes payable at any time in the reporting period,

  • (ii) where the person is the recipient of a supply of a residential complex that is a qualifying housing supply, makes a supply of the residential complex in respect of which tax under subsection 165(2) of the Act becomes payable at any time in the reporting period, or

  • (iii) is deemed for the purposes of the Act to have collected, at any time in the reporting period, tax as a consequence of paragraph 51(1)(e), 52(1)(e), 53(1)(e), 58.04(1)(e), 58.05(1)(e) or 58.06(1)(e) of the New Harmonized Value-added Tax System Regulations, No. 2; or

• (d) the person is a builder that claims, in accordance with subsection 228(6) of the Act, a transitional new housing rebate in a return under Division V of Part IX of the Act for the reporting period.